Calculate (a) Total Merchandise Handled (b) Total Retail Deductions Given: Opening inventory $107, 800 Gross purchases 893, 720 Returns to vendors 10, 320 Transfers in 8, 610 Transfers out 7, 180 Gross sales 872, 540 Customer returns 56, 480 Net Markdowns 61, 510 Employee discounts 3, 860 Calculate (a) Total Merchandise Handled (b) Total Retail Deductions Given: Opening inventory $107, 800 Gross purchases 893, 720 Returns to vendors 10, 320 Transfers in 8, 610 Transfers out 7, 180 Gross sales 872, 540 Customer returns 56, 480 Net Markdowns 61, 510 Employee discounts 3, 860